Americas Gold and Silver Corporation (USAS) 10-Year Financial Performance & Capital Metrics

USAS • • Industrial / General

Basic MaterialsIndustrial MaterialsPrecious MetalsGold & Silver Miners

AboutAmericas Gold and Silver Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of mineral properties in North America. It explores for silver, lead, zinc, copper, and gold deposits. The company holds 100% interests in the Cosalá Operations consisting of 67 mining concessions that covers approximately 19,385 hectares located in the state of Sinaloa, Mexico; and the San Felipe development project in Sonora, Mexico. It also owns a 60% interest in the Galena Complex located in the northern Idaho Silver Valley, Idaho; and a 100% interest in the Relief Canyon mine located in the Pershing County, Nevada, the United States. The company was formerly known as Americas Silver Corporation and changed its name to Americas Gold and Silver Corporation in September 2019. Americas Gold and Silver Corporation was incorporated in 1998 and is headquartered in Toronto, Canada.Show more

Revenue $100M +5.3%
EBITDA -$2M -9.5%
Net Income -$45M -28.6%
EPS (Diluted) -0.42 -5.0%
Gross Margin -6.63% +0.6%
EBITDA Margin -2.15% -4.0%
Operating Margin -26.19% -9.3%
Net Margin -44.86% -22.1%
ROE -71.54% -74.8%
ROIC -26.33% -57.1%
Debt/Equity 0.45 +47.9%
Interest Coverage -3.56 -27.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 97 (top 3%)
✓Strong 5Y sales CAGR of 11.4%
✓Trading near 52-week high

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow
✗Shares diluted 24.5% in last year
✗Expensive at 12.3x book value

Price & Volume

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Growth Metrics

Revenue CAGR

10Y12.27%

5Y11.4%

3Y30.53%

TTM3.27%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-41.54%

EPS CAGR

10Y-

5Y-

3Y-

TTM41.58%

ROCE

10Y Avg-12.75%

5Y Avg-21.16%

3Y Avg-18.47%

Latest-21.64%

Peer Comparison

Gold & Silver Miners

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
FURYFury Gold Mines Limited	136.75M	0.72	-0.99			-135.1%		0.00
USASAmericas Gold and Silver Corporation	1.96B	6.18	-14.71	5.28%	-56.17%	-122.08%		0.45
USGOU.S. GoldMining Inc.	148.93M	11.22	-16.50		-35.41%	-174.09%		0.02
SKESkeena Resources Limited	3.24B	26.74	-17.48			-134.07%		0.15
EMXEMX Royalty Corporation	453.29M	4.16	-144.44	17.34%	18.07%	4.15%	0.73%	0.30
VZLAVizsla Silver Corp.	2.06B	5.98	-203.40			-2.35%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	53.45M	58.87M	54.28M	68.35M	58.41M	27.88M	45.05M	85.02M	95.16M	100.19M
Revenue Growth %	0.7%	0.1%	-0.08%	0.26%	-0.15%	-0.52%	0.62%	0.89%	0.12%	0.05%
Cost of Goods Sold+	61.05M	53.53M	46.75M	62.69M	57.16M	37.19M	100.59M	93.43M	101.51M	106.83M
COGS % of Revenue	1.14%	0.91%	0.86%	0.92%	0.98%	1.33%	2.23%	1.1%	1.07%	1.07%
Gross Profit+	-7.61M	5.33M	7.53M	5.67M	1.25M	-9.3M	-55.54M	-8.42M	-6.35M	-6.64M
Gross Margin %	-0.14%	0.09%	0.14%	0.08%	0.02%	-0.33%	-1.23%	-0.1%	-0.07%	-0.07%
Gross Profit Growth %	-0.34%	1.7%	0.41%	-0.25%	-0.78%	-8.45%	-4.97%	0.85%	0.25%	-0.05%
Operating Expenses+	-24.7M	2.64M	10.26M	5.67M	12.26M	13.77M	27.08M	18.09M	16.47M	19.6M
OpEx % of Revenue	-0.46%	0.04%	0.19%	0.08%	0.21%	0.49%	0.6%	0.21%	0.17%	0.2%
Selling, General & Admin	6.06M	5.36M	6.65M	6.72M	12.26M	13.77M	10.27M	9.38M	8.61M	8.89M
SG&A % of Revenue	0.11%	0.09%	0.12%	0.1%	0.21%	0.49%	0.23%	0.11%	0.09%	0.09%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-30.76M	-2.72M	3.61M	-1.01M	0	0	16.81M	8.71M	7.86M	10.7M
Operating Income+	-8.61M	2.7M	-2.73M	-6.03M	-11.02M	-23.08M	-82.62M	-26.51M	-22.81M	-26.24M
Operating Margin %	-0.16%	0.05%	-0.05%	-0.09%	-0.19%	-0.83%	-1.83%	-0.31%	-0.24%	-0.26%
Operating Income Growth %	-1.78%	1.31%	-2.01%	-1.21%	-0.83%	-1.09%	-2.58%	0.68%	0.14%	-0.15%
EBITDA+	-133K	10.08M	3.98M	4.54M	2.23M	-15.23M	-66.82M	-5.6M	-1.97M	-2.15M
EBITDA Margin %	-0%	0.17%	0.07%	0.07%	0.04%	-0.55%	-1.48%	-0.07%	-0.02%	-0.02%
EBITDA Growth %	-1.01%	76.82%	-0.61%	0.14%	-0.51%	-7.83%	-3.39%	0.92%	0.65%	-0.09%
D&A (Non-Cash Add-back)	8.48M	7.39M	6.71M	10.57M	13.24M	7.85M	15.79M	20.9M	20.85M	24.09M
EBIT	-18.86M	-2.66M	-3.17M	-8.6M	-24.56M	-31.21M	-157.32M	-39.67M	-32.04M	-40.83M
Net Interest Income+	-1.18M	-2.34M	-723K	-1.41M	-1.79M	-253K	-4.87M	-1.8M	-8.19M	-7.38M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	1.18M	2.34M	723K	1.41M	1.79M	253K	4.87M	1.8M	8.19M	7.38M
Other Income/Expense	-11.42M	-7.69M	-1.16M	-3.98M	-21.27M	-5.99M	-79.57M	-14.96M	-17.42M	-21.96M
Pretax Income+	-20.04M	-5M	-3.89M	-10.01M	-32.28M	-29.06M	-162.19M	-41.47M	-40.23M	-48.21M
Pretax Margin %	-0.37%	-0.08%	-0.07%	-0.15%	-0.55%	-1.04%	-3.6%	-0.49%	-0.42%	-0.48%
Income Tax+	-652K	210K	-427K	668K	1.96M	1M	-1.61M	3.72M	-2.06M	679K
Effective Tax Rate %	0.97%	1.04%	0.89%	1.07%	1.01%	0.87%	0.97%	1.04%	0.87%	0.93%
Net Income+	-19.39M	-5.21M	-3.47M	-10.68M	-32.65M	-25.15M	-157.67M	-43.1M	-34.96M	-44.95M
Net Margin %	-0.36%	-0.09%	-0.06%	-0.16%	-0.56%	-0.9%	-3.5%	-0.51%	-0.37%	-0.45%
Net Income Growth %	0.75%	0.73%	0.33%	-2.08%	-2.06%	0.23%	-5.27%	0.73%	0.19%	-0.29%
Net Income (Continuing)	-19.39M	-5.21M	-3.47M	-10.68M	-34.24M	-30.07M	-160.58M	-45.19M	-38.17M	-48.89M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	10K	0	0	0	12.72M	11.49M	10.77M	17.36M	18.78M	0
EPS (Diluted)+	-0.68	-0.15	-0.09	-0.25	-0.46	-0.24	-2.77	-0.23	-0.40	-0.42
EPS Growth %	0.85%	0.78%	0.43%	-1.9%	-0.84%	0.48%	-10.54%	0.92%	-0.74%	-0.05%
EPS (Basic)	-0.68	-0.15	-0.09	-0.25	-0.46	-0.24	-2.77	-0.23	-0.40	-0.42
Diluted Shares Outstanding	28.33M	34.53M	40.19M	42.64M	71.42M	103.94M	56.76M	184.42M	85.08M	105.97M
Basic Shares Outstanding	28.33M	34.53M	38.51M	42.64M	71.42M	103.94M	56.76M	184.42M	85.08M	105.97M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	15.84M	36.56M	26.19M	29.41M	34.92M	20.08M	23.54M	25.38M	23.04M	40.71M
Cash & Short-Term Investments	1.78M	24.56M	9.32M	3.46M	20M	4.71M	2.9M	1.96M	2.06M	20M
Cash Only	1.32M	24.05M	9.32M	3.46M	20M	4.71M	2.9M	1.96M	2.06M	20M
Short-Term Investments	466K	503K	0	0	0	0	0	0	0	0
Accounts Receivable	4.53M	4M	6.63M	9.63M	5.27M	5.1M	4.74M	5.62M	9.49M	3.57M
Days Sales Outstanding	30.93	24.81	44.59	51.44	32.93	66.79	38.4	24.15	36.38	13.01
Inventory	8.79M	6.62M	9.37M	8.14M	7.16M	8.07M	10.01M	8.84M	8.66M	10.7M
Days Inventory Outstanding	52.55	45.12	73.13	47.37	45.71	79.2	36.32	34.51	31.13	36.57
Other Current Assets	0	0	0	6.92M	585K	0	3.47M	5.93M	0	3.56M
Total Non-Current Assets+	81.04M	80.73M	100.64M	97.75M	196.08M	264.74M	189.89M	165.44M	157.45M	151.93M
Property, Plant & Equipment	80.88M	80.55M	100.3M	96.44M	190.39M	259.32M	177.91M	161.3M	153.1M	147.4M
Fixed Asset Turnover	0.66x	0.73x	0.54x	0.71x	0.31x	0.11x	0.25x	0.53x	0.62x	0.68x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	11K	28K	4K	681K	0	4.08M	0	0	0	0
Other Non-Current Assets	151K	151K	331K	681K	5.35M	1.34M	11.98M	4.14M	4.35M	4.53M
Total Assets+	96.88M	117.29M	126.83M	127.16M	231M	284.82M	213.43M	190.82M	180.49M	192.64M
Asset Turnover	0.55x	0.50x	0.43x	0.54x	0.25x	0.10x	0.21x	0.45x	0.53x	0.52x
Asset Growth %	-0.18%	0.21%	0.08%	0%	0.82%	0.23%	-0.25%	-0.11%	-0.05%	0.07%
Total Current Liabilities+	10.36M	16.48M	14.39M	22.96M	34.78M	39.04M	45.66M	42.1M	61.21M	69.41M
Accounts Payable	9.36M	8.73M	10.39M	14.35M	21.33M	18.46M	17.34M	25.73M	22.96M	36.71M
Days Payables Outstanding	55.94	59.5	81.15	83.52	136.19	181.23	62.94	100.53	82.56	125.43
Short-Term Debt	1M	7.76M	4M	8.58M	5.6M	12.04M	10.95M	2.72M	21.91M	14.9M
Deferred Revenue (Current)	0	0	0	0	1000K	1000K	0	0	1000K	0
Other Current Liabilities	0	0	0	35K	5.82M	4.57M	14.13M	12.31M	1.67M	14.42M
Current Ratio	1.53x	2.22x	1.82x	1.28x	1.00x	0.51x	0.52x	0.60x	0.38x	0.59x
Quick Ratio	0.68x	1.82x	1.17x	0.93x	0.80x	0.31x	0.30x	0.39x	0.23x	0.43x
Cash Conversion Cycle	27.53	10.43	36.57	15.29	-57.55	-35.25	11.78	-41.87	-15.05	-75.84
Total Non-Current Liabilities+	21.68M	13.66M	24.38M	20M	57.21M	64.61M	63.94M	50.13M	47.08M	69.78M
Long-Term Debt	6.14M	0	11M	5.5M	9.94M	18.5M	8.66M	9.62M	0	7.44M
Capital Lease Obligations	0	0	0	0	0	3.71M	1.54M	1.81M	0	1.03M
Deferred Tax Liabilities	624K	834K	872K	1.13M	750K	459K	0	0	629K	0
Other Non-Current Liabilities	1.68M	12.83M	12.5M	13.37M	23.55M	22.59M	53.73M	38.7M	22.13M	61.31M
Total Liabilities	32.03M	30.15M	38.77M	42.96M	91.99M	103.65M	109.6M	92.23M	108.29M	139.19M
Total Debt+	7.14M	7.76M	15M	14.08M	15.54M	34.26M	24.39M	15.48M	21.91M	23.99M
Net Debt	5.82M	-16.3M	5.67M	10.62M	-4.46M	29.55M	21.49M	13.52M	19.85M	3.99M
Debt / Equity	0.11x	0.09x	0.17x	0.17x	0.11x	0.19x	0.23x	0.16x	0.30x	0.45x
Debt / EBITDA	-	0.77x	3.77x	3.10x	6.97x	-	-	-	-	-
Net Debt / EBITDA	-	-1.62x	1.43x	2.34x	-2.00x	-	-	-	-	-
Interest Coverage	-7.33x	1.15x	-3.78x	-4.28x	-6.15x	-91.21x	-16.96x	-14.74x	-2.79x	-3.56x
Total Equity+	64.84M	87.14M	88.06M	84.2M	139.01M	181.16M	103.83M	98.59M	72.2M	53.45M
Equity Growth %	-0.24%	0.34%	0.01%	-0.04%	0.65%	0.3%	-0.43%	-0.05%	-0.27%	-0.26%
Book Value per Share	2.29	2.52	2.19	1.97	1.95	1.74	1.83	0.53	0.85	0.50
Total Shareholders' Equity	64.83M	87.14M	88.06M	84.2M	126.29M	169.67M	93.07M	81.23M	53.42M	53.45M
Common Stock	181.13M	202.19M	207.01M	212.94M	284.51M	350.71M	423.1M	449.37M	455.55M	573.53M
Retained Earnings	-152.54M	-156.14M	-160M	-170.13M	-203.14M	-230.25M	-387.95M	-428.85M	-463.39M	-591.03M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	36.24M	41.09M	41.04M	41.38M	44.76M	49.22M	57.92M	60.7M	61.26M	70.95M
Minority Interest	10K	0	0	0	12.72M	11.49M	10.77M	17.36M	18.78M	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-5.66M	5.39M	1.58M	9.01M	14.14M	-18.92M	-50.95M	-1.18M	-1.01M	-3.07M
Operating CF Margin %	-0.11%	0.09%	0.03%	0.13%	0.24%	-0.68%	-1.13%	-0.01%	-0.01%	-0.03%
Operating CF Growth %	-1.54%	1.95%	-0.71%	4.71%	0.57%	-2.34%	-1.69%	0.98%	0.14%	-2.03%
Net Income	-19.39M	-5.21M	-3.47M	-10.68M	-34.24M	-30.07M	-160.58M	-45.19M	-38.17M	-48.89M
Depreciation & Amortization	12.22M	7.39M	6.71M	10.57M	17.49M	0	15.79M	21.34M	20.85M	24.09M
Stock-Based Compensation	916K	1.24M	1.93M	2.1M	3.72M	4.22M	4.35M	2.75M	2.03M	1.45M
Deferred Taxes	-647K	210K	-588K	1.27M	1.96M	-1M	-1.61M	3.72M	-2.06M	679K
Other Non-Cash Items	-660K	2.04M	887K	3.74M	27.73M	9.52M	115.13M	18.22M	17.13M	16.71M
Working Capital Changes	1.9M	-282K	-3.89M	2.01M	-2.52M	-1.59M	-24.03M	-2.02M	-789K	2.89M
Change in Receivables	2.24M	535.48K	-2.72M	-1.03M	2.5M	510K	-3.11M	-3.34M	2.07M	2.38M
Change in Inventory	3.56M	2.17M	-2.75M	1.23M	-362K	-910K	-19.95M	-2.66M	-3.27M	-3.35M
Change in Payables	-4.14M	-2.32M	1.19M	2.12M	-4.65M	0	0	0	0	0
Cash from Investing+	-10.34M	-7.97M	-26.66M	-19.19M	-22.14M	-70.5M	-14.08M	-19.6M	-18.13M	-18.85M
Capital Expenditures	-10.42M	-7.97M	-14.28M	-16.93M	-13.8M	-11.57M	-12.65M	-19.6M	-19.94M	-18.85M
CapEx % of Revenue	0.2%	0.14%	0.26%	0.25%	0.24%	0.41%	0.28%	0.23%	0.21%	0.19%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	88K	0	-12.38M	-2.26M	-23.57M	-58.93M	-1.43M	0	1.81M	0
Cash from Financing+	2.13M	26.49M	10.49M	4.26M	24.38M	73.97M	63.42M	17.44M	20.32M	35.12M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-312K	2.1M	3.5M	3.86M	3.19M	5.14M	1.57M	-225K	8.42M	-16.75M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-16.08M	-2.58M	-12.71M	-7.92M	339K	-30.49M	-63.59M	-20.78M	-20.95M	-21.92M
FCF Margin %	-0.3%	-0.04%	-0.23%	-0.12%	0.01%	-1.09%	-1.41%	-0.24%	-0.22%	-0.22%
FCF Growth %	-2.92%	0.84%	-3.92%	0.38%	1.04%	-90.95%	-1.09%	0.67%	-0.01%	-0.05%
FCF per Share	-0.57	-0.07	-0.32	-0.19	0.00	-0.29	-1.12	-0.11	-0.25	-0.21
FCF Conversion (FCF/Net Income)	0.29x	-1.03x	-0.46x	-0.84x	-0.43x	0.75x	0.32x	0.03x	0.03x	0.07x
Interest Paid	0	0	0	0	0	1.62M	1.78M	2.63M	2.29M	3.24M
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-25.82%	-6.85%	-3.96%	-12.4%	-29.26%	-15.71%	-110.65%	-42.59%	-40.94%	-71.54%
Return on Invested Capital (ROIC)	-8.7%	2.86%	-2.49%	-4.79%	-7.2%	-10.03%	-36.88%	-16.75%	-16.76%	-26.33%
Gross Margin	-14.23%	9.06%	13.88%	8.29%	2.14%	-33.36%	-123.28%	-9.9%	-6.67%	-6.63%
Net Margin	-36.27%	-8.85%	-6.39%	-15.62%	-55.9%	-90.21%	-349.99%	-50.7%	-36.74%	-44.86%
Debt / Equity	0.11x	0.09x	0.17x	0.17x	0.11x	0.19x	0.23x	0.16x	0.30x	0.45x
Interest Coverage	-7.33x	1.15x	-3.78x	-4.28x	-6.15x	-91.21x	-16.96x	-14.74x	-2.79x	-3.56x
FCF Conversion	0.29x	-1.03x	-0.46x	-0.84x	-0.43x	0.75x	0.32x	0.03x	0.03x	0.07x
Revenue Growth	69.8%	10.13%	-7.79%	25.93%	-14.55%	-52.26%	61.57%	88.71%	11.93%	5.28%

Revenue by Segment

	2018	2019	2020	2021	2023
Silver	22.1M	21.43M	19.58M	27.17M	62.42M
Silver Growth	-	-3.06%	-8.60%	38.75%	129.73%
Zinc	42.13M	46.37M	1.98M	6.07M	38.42M
Zinc Growth	-	10.07%	-95.72%	205.90%	533.07%
Lead	30.36M	25.51M	15.74M	20.79M	25.44M
Lead Growth	-	-15.97%	-38.29%	32.04%	22.38%
Other by-products	531K	359K	86K	144K	1.04M
Other by-products Growth	-	-32.39%	-76.04%	67.44%	625.00%
Gold	-	-	-	4.03M	-
Gold Growth	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Americas Gold and Silver Corporation (USAS) reported $109.1M in revenue for fiscal year 2024. This represents a 82% increase from $59.8M in 2011.

Americas Gold and Silver Corporation (USAS) grew revenue by 5.3% over the past year. This is steady growth.

Americas Gold and Silver Corporation (USAS) reported a net loss of $61.3M for fiscal year 2024.

Dividend & Returns

Americas Gold and Silver Corporation (USAS) has a return on equity (ROE) of -71.5%. Negative ROE indicates the company is unprofitable.

Americas Gold and Silver Corporation (USAS) had negative free cash flow of $52.1M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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Americas Gold and Silver Corporation (USAS) 10-Year Financial Performance & Capital Metrics

USAS • • Industrial / General

Basic MaterialsIndustrial MaterialsPrecious MetalsGold & Silver Miners

Revenue $100M +5.3%
EBITDA -$2M -9.5%
Net Income -$45M -28.6%
EPS (Diluted) -0.42 -5.0%
Gross Margin -6.63% +0.6%
EBITDA Margin -2.15% -4.0%
Operating Margin -26.19% -9.3%
Net Margin -44.86% -22.1%
ROE -71.54% -74.8%
ROIC -26.33% -57.1%
Debt/Equity 0.45 +47.9%
Interest Coverage -3.56 -27.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 97 (top 3%)
✓Strong 5Y sales CAGR of 11.4%
✓Trading near 52-week high

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow
✗Shares diluted 24.5% in last year
✗Expensive at 12.3x book value

Price & Volume

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Growth Metrics

Revenue CAGR

10Y12.27%

5Y11.4%

3Y30.53%

TTM3.27%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-41.54%

EPS CAGR

10Y-

5Y-

3Y-

TTM41.58%

ROCE

10Y Avg-12.75%

5Y Avg-21.16%

3Y Avg-18.47%

Latest-21.64%

Peer Comparison

Gold & Silver Miners

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
FURYFury Gold Mines Limited	136.75M	0.72	-0.99			-135.1%		0.00
USASAmericas Gold and Silver Corporation	1.96B	6.18	-14.71	5.28%	-56.17%	-122.08%		0.45
USGOU.S. GoldMining Inc.	148.93M	11.22	-16.50		-35.41%	-174.09%		0.02
SKESkeena Resources Limited	3.24B	26.74	-17.48			-134.07%		0.15
EMXEMX Royalty Corporation	453.29M	4.16	-144.44	17.34%	18.07%	4.15%	0.73%	0.30
VZLAVizsla Silver Corp.	2.06B	5.98	-203.40			-2.35%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	53.45M	58.87M	54.28M	68.35M	58.41M	27.88M	45.05M	85.02M	95.16M	100.19M
Revenue Growth %	0.7%	0.1%	-0.08%	0.26%	-0.15%	-0.52%	0.62%	0.89%	0.12%	0.05%
Cost of Goods Sold+	61.05M	53.53M	46.75M	62.69M	57.16M	37.19M	100.59M	93.43M	101.51M	106.83M
COGS % of Revenue	1.14%	0.91%	0.86%	0.92%	0.98%	1.33%	2.23%	1.1%	1.07%	1.07%
Gross Profit+	-7.61M	5.33M	7.53M	5.67M	1.25M	-9.3M	-55.54M	-8.42M	-6.35M	-6.64M
Gross Margin %	-0.14%	0.09%	0.14%	0.08%	0.02%	-0.33%	-1.23%	-0.1%	-0.07%	-0.07%
Gross Profit Growth %	-0.34%	1.7%	0.41%	-0.25%	-0.78%	-8.45%	-4.97%	0.85%	0.25%	-0.05%
Operating Expenses+	-24.7M	2.64M	10.26M	5.67M	12.26M	13.77M	27.08M	18.09M	16.47M	19.6M
OpEx % of Revenue	-0.46%	0.04%	0.19%	0.08%	0.21%	0.49%	0.6%	0.21%	0.17%	0.2%
Selling, General & Admin	6.06M	5.36M	6.65M	6.72M	12.26M	13.77M	10.27M	9.38M	8.61M	8.89M
SG&A % of Revenue	0.11%	0.09%	0.12%	0.1%	0.21%	0.49%	0.23%	0.11%	0.09%	0.09%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-30.76M	-2.72M	3.61M	-1.01M	0	0	16.81M	8.71M	7.86M	10.7M
Operating Income+	-8.61M	2.7M	-2.73M	-6.03M	-11.02M	-23.08M	-82.62M	-26.51M	-22.81M	-26.24M
Operating Margin %	-0.16%	0.05%	-0.05%	-0.09%	-0.19%	-0.83%	-1.83%	-0.31%	-0.24%	-0.26%
Operating Income Growth %	-1.78%	1.31%	-2.01%	-1.21%	-0.83%	-1.09%	-2.58%	0.68%	0.14%	-0.15%
EBITDA+	-133K	10.08M	3.98M	4.54M	2.23M	-15.23M	-66.82M	-5.6M	-1.97M	-2.15M
EBITDA Margin %	-0%	0.17%	0.07%	0.07%	0.04%	-0.55%	-1.48%	-0.07%	-0.02%	-0.02%
EBITDA Growth %	-1.01%	76.82%	-0.61%	0.14%	-0.51%	-7.83%	-3.39%	0.92%	0.65%	-0.09%
D&A (Non-Cash Add-back)	8.48M	7.39M	6.71M	10.57M	13.24M	7.85M	15.79M	20.9M	20.85M	24.09M
EBIT	-18.86M	-2.66M	-3.17M	-8.6M	-24.56M	-31.21M	-157.32M	-39.67M	-32.04M	-40.83M
Net Interest Income+	-1.18M	-2.34M	-723K	-1.41M	-1.79M	-253K	-4.87M	-1.8M	-8.19M	-7.38M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	1.18M	2.34M	723K	1.41M	1.79M	253K	4.87M	1.8M	8.19M	7.38M
Other Income/Expense	-11.42M	-7.69M	-1.16M	-3.98M	-21.27M	-5.99M	-79.57M	-14.96M	-17.42M	-21.96M
Pretax Income+	-20.04M	-5M	-3.89M	-10.01M	-32.28M	-29.06M	-162.19M	-41.47M	-40.23M	-48.21M
Pretax Margin %	-0.37%	-0.08%	-0.07%	-0.15%	-0.55%	-1.04%	-3.6%	-0.49%	-0.42%	-0.48%
Income Tax+	-652K	210K	-427K	668K	1.96M	1M	-1.61M	3.72M	-2.06M	679K
Effective Tax Rate %	0.97%	1.04%	0.89%	1.07%	1.01%	0.87%	0.97%	1.04%	0.87%	0.93%
Net Income+	-19.39M	-5.21M	-3.47M	-10.68M	-32.65M	-25.15M	-157.67M	-43.1M	-34.96M	-44.95M
Net Margin %	-0.36%	-0.09%	-0.06%	-0.16%	-0.56%	-0.9%	-3.5%	-0.51%	-0.37%	-0.45%
Net Income Growth %	0.75%	0.73%	0.33%	-2.08%	-2.06%	0.23%	-5.27%	0.73%	0.19%	-0.29%
Net Income (Continuing)	-19.39M	-5.21M	-3.47M	-10.68M	-34.24M	-30.07M	-160.58M	-45.19M	-38.17M	-48.89M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	10K	0	0	0	12.72M	11.49M	10.77M	17.36M	18.78M	0
EPS (Diluted)+	-0.68	-0.15	-0.09	-0.25	-0.46	-0.24	-2.77	-0.23	-0.40	-0.42
EPS Growth %	0.85%	0.78%	0.43%	-1.9%	-0.84%	0.48%	-10.54%	0.92%	-0.74%	-0.05%
EPS (Basic)	-0.68	-0.15	-0.09	-0.25	-0.46	-0.24	-2.77	-0.23	-0.40	-0.42
Diluted Shares Outstanding	28.33M	34.53M	40.19M	42.64M	71.42M	103.94M	56.76M	184.42M	85.08M	105.97M
Basic Shares Outstanding	28.33M	34.53M	38.51M	42.64M	71.42M	103.94M	56.76M	184.42M	85.08M	105.97M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	15.84M	36.56M	26.19M	29.41M	34.92M	20.08M	23.54M	25.38M	23.04M	40.71M
Cash & Short-Term Investments	1.78M	24.56M	9.32M	3.46M	20M	4.71M	2.9M	1.96M	2.06M	20M
Cash Only	1.32M	24.05M	9.32M	3.46M	20M	4.71M	2.9M	1.96M	2.06M	20M
Short-Term Investments	466K	503K	0	0	0	0	0	0	0	0
Accounts Receivable	4.53M	4M	6.63M	9.63M	5.27M	5.1M	4.74M	5.62M	9.49M	3.57M
Days Sales Outstanding	30.93	24.81	44.59	51.44	32.93	66.79	38.4	24.15	36.38	13.01
Inventory	8.79M	6.62M	9.37M	8.14M	7.16M	8.07M	10.01M	8.84M	8.66M	10.7M
Days Inventory Outstanding	52.55	45.12	73.13	47.37	45.71	79.2	36.32	34.51	31.13	36.57
Other Current Assets	0	0	0	6.92M	585K	0	3.47M	5.93M	0	3.56M
Total Non-Current Assets+	81.04M	80.73M	100.64M	97.75M	196.08M	264.74M	189.89M	165.44M	157.45M	151.93M
Property, Plant & Equipment	80.88M	80.55M	100.3M	96.44M	190.39M	259.32M	177.91M	161.3M	153.1M	147.4M
Fixed Asset Turnover	0.66x	0.73x	0.54x	0.71x	0.31x	0.11x	0.25x	0.53x	0.62x	0.68x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	11K	28K	4K	681K	0	4.08M	0	0	0	0
Other Non-Current Assets	151K	151K	331K	681K	5.35M	1.34M	11.98M	4.14M	4.35M	4.53M
Total Assets+	96.88M	117.29M	126.83M	127.16M	231M	284.82M	213.43M	190.82M	180.49M	192.64M
Asset Turnover	0.55x	0.50x	0.43x	0.54x	0.25x	0.10x	0.21x	0.45x	0.53x	0.52x
Asset Growth %	-0.18%	0.21%	0.08%	0%	0.82%	0.23%	-0.25%	-0.11%	-0.05%	0.07%
Total Current Liabilities+	10.36M	16.48M	14.39M	22.96M	34.78M	39.04M	45.66M	42.1M	61.21M	69.41M
Accounts Payable	9.36M	8.73M	10.39M	14.35M	21.33M	18.46M	17.34M	25.73M	22.96M	36.71M
Days Payables Outstanding	55.94	59.5	81.15	83.52	136.19	181.23	62.94	100.53	82.56	125.43
Short-Term Debt	1M	7.76M	4M	8.58M	5.6M	12.04M	10.95M	2.72M	21.91M	14.9M
Deferred Revenue (Current)	0	0	0	0	1000K	1000K	0	0	1000K	0
Other Current Liabilities	0	0	0	35K	5.82M	4.57M	14.13M	12.31M	1.67M	14.42M
Current Ratio	1.53x	2.22x	1.82x	1.28x	1.00x	0.51x	0.52x	0.60x	0.38x	0.59x
Quick Ratio	0.68x	1.82x	1.17x	0.93x	0.80x	0.31x	0.30x	0.39x	0.23x	0.43x
Cash Conversion Cycle	27.53	10.43	36.57	15.29	-57.55	-35.25	11.78	-41.87	-15.05	-75.84
Total Non-Current Liabilities+	21.68M	13.66M	24.38M	20M	57.21M	64.61M	63.94M	50.13M	47.08M	69.78M
Long-Term Debt	6.14M	0	11M	5.5M	9.94M	18.5M	8.66M	9.62M	0	7.44M
Capital Lease Obligations	0	0	0	0	0	3.71M	1.54M	1.81M	0	1.03M
Deferred Tax Liabilities	624K	834K	872K	1.13M	750K	459K	0	0	629K	0
Other Non-Current Liabilities	1.68M	12.83M	12.5M	13.37M	23.55M	22.59M	53.73M	38.7M	22.13M	61.31M
Total Liabilities	32.03M	30.15M	38.77M	42.96M	91.99M	103.65M	109.6M	92.23M	108.29M	139.19M
Total Debt+	7.14M	7.76M	15M	14.08M	15.54M	34.26M	24.39M	15.48M	21.91M	23.99M
Net Debt	5.82M	-16.3M	5.67M	10.62M	-4.46M	29.55M	21.49M	13.52M	19.85M	3.99M
Debt / Equity	0.11x	0.09x	0.17x	0.17x	0.11x	0.19x	0.23x	0.16x	0.30x	0.45x
Debt / EBITDA	-	0.77x	3.77x	3.10x	6.97x	-	-	-	-	-
Net Debt / EBITDA	-	-1.62x	1.43x	2.34x	-2.00x	-	-	-	-	-
Interest Coverage	-7.33x	1.15x	-3.78x	-4.28x	-6.15x	-91.21x	-16.96x	-14.74x	-2.79x	-3.56x
Total Equity+	64.84M	87.14M	88.06M	84.2M	139.01M	181.16M	103.83M	98.59M	72.2M	53.45M
Equity Growth %	-0.24%	0.34%	0.01%	-0.04%	0.65%	0.3%	-0.43%	-0.05%	-0.27%	-0.26%
Book Value per Share	2.29	2.52	2.19	1.97	1.95	1.74	1.83	0.53	0.85	0.50
Total Shareholders' Equity	64.83M	87.14M	88.06M	84.2M	126.29M	169.67M	93.07M	81.23M	53.42M	53.45M
Common Stock	181.13M	202.19M	207.01M	212.94M	284.51M	350.71M	423.1M	449.37M	455.55M	573.53M
Retained Earnings	-152.54M	-156.14M	-160M	-170.13M	-203.14M	-230.25M	-387.95M	-428.85M	-463.39M	-591.03M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	36.24M	41.09M	41.04M	41.38M	44.76M	49.22M	57.92M	60.7M	61.26M	70.95M
Minority Interest	10K	0	0	0	12.72M	11.49M	10.77M	17.36M	18.78M	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-5.66M	5.39M	1.58M	9.01M	14.14M	-18.92M	-50.95M	-1.18M	-1.01M	-3.07M
Operating CF Margin %	-0.11%	0.09%	0.03%	0.13%	0.24%	-0.68%	-1.13%	-0.01%	-0.01%	-0.03%
Operating CF Growth %	-1.54%	1.95%	-0.71%	4.71%	0.57%	-2.34%	-1.69%	0.98%	0.14%	-2.03%
Net Income	-19.39M	-5.21M	-3.47M	-10.68M	-34.24M	-30.07M	-160.58M	-45.19M	-38.17M	-48.89M
Depreciation & Amortization	12.22M	7.39M	6.71M	10.57M	17.49M	0	15.79M	21.34M	20.85M	24.09M
Stock-Based Compensation	916K	1.24M	1.93M	2.1M	3.72M	4.22M	4.35M	2.75M	2.03M	1.45M
Deferred Taxes	-647K	210K	-588K	1.27M	1.96M	-1M	-1.61M	3.72M	-2.06M	679K
Other Non-Cash Items	-660K	2.04M	887K	3.74M	27.73M	9.52M	115.13M	18.22M	17.13M	16.71M
Working Capital Changes	1.9M	-282K	-3.89M	2.01M	-2.52M	-1.59M	-24.03M	-2.02M	-789K	2.89M
Change in Receivables	2.24M	535.48K	-2.72M	-1.03M	2.5M	510K	-3.11M	-3.34M	2.07M	2.38M
Change in Inventory	3.56M	2.17M	-2.75M	1.23M	-362K	-910K	-19.95M	-2.66M	-3.27M	-3.35M
Change in Payables	-4.14M	-2.32M	1.19M	2.12M	-4.65M	0	0	0	0	0
Cash from Investing+	-10.34M	-7.97M	-26.66M	-19.19M	-22.14M	-70.5M	-14.08M	-19.6M	-18.13M	-18.85M
Capital Expenditures	-10.42M	-7.97M	-14.28M	-16.93M	-13.8M	-11.57M	-12.65M	-19.6M	-19.94M	-18.85M
CapEx % of Revenue	0.2%	0.14%	0.26%	0.25%	0.24%	0.41%	0.28%	0.23%	0.21%	0.19%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	88K	0	-12.38M	-2.26M	-23.57M	-58.93M	-1.43M	0	1.81M	0
Cash from Financing+	2.13M	26.49M	10.49M	4.26M	24.38M	73.97M	63.42M	17.44M	20.32M	35.12M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-312K	2.1M	3.5M	3.86M	3.19M	5.14M	1.57M	-225K	8.42M	-16.75M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-16.08M	-2.58M	-12.71M	-7.92M	339K	-30.49M	-63.59M	-20.78M	-20.95M	-21.92M
FCF Margin %	-0.3%	-0.04%	-0.23%	-0.12%	0.01%	-1.09%	-1.41%	-0.24%	-0.22%	-0.22%
FCF Growth %	-2.92%	0.84%	-3.92%	0.38%	1.04%	-90.95%	-1.09%	0.67%	-0.01%	-0.05%
FCF per Share	-0.57	-0.07	-0.32	-0.19	0.00	-0.29	-1.12	-0.11	-0.25	-0.21
FCF Conversion (FCF/Net Income)	0.29x	-1.03x	-0.46x	-0.84x	-0.43x	0.75x	0.32x	0.03x	0.03x	0.07x
Interest Paid	0	0	0	0	0	1.62M	1.78M	2.63M	2.29M	3.24M
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-25.82%	-6.85%	-3.96%	-12.4%	-29.26%	-15.71%	-110.65%	-42.59%	-40.94%	-71.54%
Return on Invested Capital (ROIC)	-8.7%	2.86%	-2.49%	-4.79%	-7.2%	-10.03%	-36.88%	-16.75%	-16.76%	-26.33%
Gross Margin	-14.23%	9.06%	13.88%	8.29%	2.14%	-33.36%	-123.28%	-9.9%	-6.67%	-6.63%
Net Margin	-36.27%	-8.85%	-6.39%	-15.62%	-55.9%	-90.21%	-349.99%	-50.7%	-36.74%	-44.86%
Debt / Equity	0.11x	0.09x	0.17x	0.17x	0.11x	0.19x	0.23x	0.16x	0.30x	0.45x
Interest Coverage	-7.33x	1.15x	-3.78x	-4.28x	-6.15x	-91.21x	-16.96x	-14.74x	-2.79x	-3.56x
FCF Conversion	0.29x	-1.03x	-0.46x	-0.84x	-0.43x	0.75x	0.32x	0.03x	0.03x	0.07x
Revenue Growth	69.8%	10.13%	-7.79%	25.93%	-14.55%	-52.26%	61.57%	88.71%	11.93%	5.28%

Revenue by Segment

	2018	2019	2020	2021	2023
Silver	22.1M	21.43M	19.58M	27.17M	62.42M
Silver Growth	-	-3.06%	-8.60%	38.75%	129.73%
Zinc	42.13M	46.37M	1.98M	6.07M	38.42M
Zinc Growth	-	10.07%	-95.72%	205.90%	533.07%
Lead	30.36M	25.51M	15.74M	20.79M	25.44M
Lead Growth	-	-15.97%	-38.29%	32.04%	22.38%
Other by-products	531K	359K	86K	144K	1.04M
Other by-products Growth	-	-32.39%	-76.04%	67.44%	625.00%
Gold	-	-	-	4.03M	-
Gold Growth	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Americas Gold and Silver Corporation (USAS) reported $109.1M in revenue for fiscal year 2024. This represents a 82% increase from $59.8M in 2011.

Americas Gold and Silver Corporation (USAS) grew revenue by 5.3% over the past year. This is steady growth.

Americas Gold and Silver Corporation (USAS) reported a net loss of $61.3M for fiscal year 2024.

Dividend & Returns

Americas Gold and Silver Corporation (USAS) has a return on equity (ROE) of -71.5%. Negative ROE indicates the company is unprofitable.

Americas Gold and Silver Corporation (USAS) had negative free cash flow of $52.1M in fiscal year 2024, likely due to heavy capital investments.